Duty-free Retailing Market in Europe Grow at a CAGR of 6.06% by Revenue During the Forecast Period 2018-2021

ResearchMoz presents professional and in-depth study of “Duty-free Retailing Market in Europe 2017-2021”.

Duty-free retailers are those that are exempted from certain local and national taxes and duties because they sell goods to international travelers. However, taxes may be imposed on duty-free goods when buyers reach their country of destination or when the quantity of the goods exceeds certain set limits.

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These retailers operate at international airports and seaports, border towns, train stations, and onboard aircraft and ships. These retailers offer products such as perfumes, cosmetics, alcohol, cigarettes, chocolates, electronics, and accessories. The duty-free retailing market in Europe is expected to grow significantly during the forecast period, due to the expansion in international airports and increasing number of passengers.

Technavios analysts forecast the duty-free retailing market in Europe to grow at a CAGR of 6.06% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the duty-free retailing market in Europe for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of various consumer products to individual customers at duty-free retail stores in the region.

The market is divided into the following segments based on geography:

Technavio’s report, Duty-Free Retailing Market in Europe 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
daa (Aer Rianta International)

Other prominent vendors
China Duty-free Group
Dubai Duty-free
Duty-free Americas
Gebr. Heinemann
JR/Group (James Richardson)
King Power International

Market driver
Premium product offerings and exemption from excise duties
For a full, detailed list, view our report

Market challenge
Low consumer interest in shopping at travel points
For a full, detailed list, view our report

Market trend
Entry of global brands in European market
For a full, detailed list, view our report

Browse Report @ https://www.researchmoz.us/duty-free-retailing-market-in-europe-2017-2021-report.html

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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